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SDSD: NEW SHARE CAPITAL
Limassol, Cyprus, 13 November 2017
Reference is made to the announcement made on 6 November 2017 for the close of
Tranche 2 of the Equity Offering in S.D. Standard Drilling Plc. ("SDSD" or the
The Company will today issue a total of 7,239,687 new shares, thereby increasing
the Company's share capital from US$ 15,063,602 to US$ 15,280,793 constituting
an increase from 502,120,070 shares to 509,359,757 shares, each with a par value
of US$ 0.03.
The Offer Shares in Tranche 2 will be listed on Merkur Market under a separate
ISIN number being CY0107450914 from and including today, 13 November 2017 and
until an approval of a prospectus by the Norwegian Financial Supervisory
Authority, expected mid-December 2017.
Clarksons Platou Securities AS has acted as Sole Manager and Bookrunner in the
For further information please contact:
General Manager Evangelia Panagide at +357 99 77 11 16, or
Chairman of the Board Martin Nes at +47 92 01 48 14
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.